Joseph Tan
Joseph Tan
engine holding line main shows worried
This is broadly in line with my expectations as it shows the main engine of growth, electronics, is holding up very well. I wouldn't to be too worried about pharmaceuticals.
exports quarter six strength sufficient tend three
These indicators tend to have a lead-lag of three to six months. We still may have sufficient strength in exports in the first quarter and even into the second.
inflation present threat
Inflation is still a real and present threat to the economy.
easily growth quite target
The full-year growth target can be quite easily met.
inflation percent
One to two percent inflation is still very tolerable.